This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Harris Teeter Profit Up

CHARLOTTE, N.C. Ruddick Corp., parent of the Harris Teeter chain, said the chain's operating profit was up 6.3% in its fiscal first quarter, to $35.4 million, but its profit margins were down for the period because of pre-opening costs for new stores. The company, which has 155 supermarkets, plans to build 16 new units in the rest of 2007, including one replacement store, as it continues to concentrate

Feb 12, 2007

CHARLOTTE, N.C. — Ruddick Corp., parent of the Harris Teeter chain, said the chain's operating profit was up 6.3% in its fiscal first quarter, to $35.4 million, but its profit margins were down for the period because of pre-opening costs for new stores.